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US (FL): Advocates say hemp restriction bill gives ‘unfair’ advantage to MMJ companies

Hemp entrepreneurs from all parts of Florida have made the trek twice to Tallahassee this month to testify against a legislative proposal that they say poses an existential threat to their livelihoods.

At the same time, states around the country have been enacting regulations regarding intoxicating hemp-derived cannabinoids, and that’s become a conundrum for all sides of the hemp debate.

Florida’s hemp program went into effect in 2019, shortly after the passage of the 2018 farm bill, which made hemp production and distribution legal under federal law and allowed states to create hemp programs. The farm bill defined hemp as the cannabis plant with one key difference: hemp cannot contain more than 0.3 percent of THC, the compound in the plant associated with getting you high.

The most lucrative part of the hemp industry has involved the production of biomass that contains cannabidiol (CBD), a non-psychoactive compound believed to treat health conditions like anxiety, stress, anxiety, and inflation.

Read more at marijuanamoment.net

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